Over a third of Britons believe that housing prices will not change until 2012

Over a third of Britons believe that housing prices will not change until 2012

31.01.2011 12:46

More than a third (38%) Britons interested in buying a home, consider that property prices in their country to remain stable throughout the year, according to a study of British real estate agency Rightmove.

The survey agency was attended by over 28,000 potential buyers in the UK.

As indicated in the study, the proportion of those who believes that prices will remain status quo for at least 12 months to the beginning of 2011 grew five quarters in a row and reached a record high.

"More and more Britons believe that prices will not change. In spite of the fact that in 2010 became something of a rollercoaster for the UK property market by year-end selling prices have stabilized," - the words contained in the report chapters Rightmove Miles Shipsayda.

According to materials of the agency a year ago, a similar study showed that the majority of respondents (53%) predicted a rise in prices.

This year, the percentage of respondents who believe that prices will rise, dropped to 24% - the lowest figure since January 2009.

At the same time, 32% of respondents indicated that they expect the fall in housing prices.